Teladoc is currently the market leader in the new world of telemedicine, but competitors are on the horizon and growing fast. Teladoc will need to find a way to increase the network effects of its service if it plans on keeping its number one market position.
Telemedicine is not a new idea. Since the birth of video-calling, experts thought that telemedicine will revolutionize the industry. Analysts bullishly have suggested that the market could be worth $4.5B by 2018 (IHS, 2014). Back in 2002, a small start-up […]